Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
Tidy Tidy
wrote...
Posts: 4852
8 years ago
A good can serve as money only if
A) government mandates that the good must be accepted in payment of debts.
B) it is declared by authorities to be legal tender.
C) it has intrinsic value or if it is backed by precious metals.
D) citizens accept the good as a means of payment for transactions and debts.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 355 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
Replies
Answer verified by a subject expert
SydnieSydnie
wrote...
Top Poster
Posts: 3807
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Tidy Author
wrote...

8 years ago
This calls for a celebration Person Raising Both Hands in Celebration
wrote...

Yesterday
You make an excellent tutor!
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  765 People Browsing
 110 Signed Up Today
Related Images
  
 4415
  
 215
  
 379
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 308